The Indian rupee and dollar-rupee forward premiums retreated from one-month peaks on Friday after a stronger than expected ...

Weaker labor-market data this week could bolster the case for the Federal Reserve to resume interest-rate cuts soon. “My view ...

Trade wars causing a hiring freeze. Artificial intelligence taking human jobs away. An immigration crackdown shrinking the ...

Federal Reserve Chair Jerome Powell on July 1 told a global audience of world bankers, economists, and academics what could ...

Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...

Fed Chair Jerome Powell defended the Federal Open Meeting Committee’s universal decision to hold the Federal Funds Rate ...

Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair ...

So far the U.S. economy is mostly solid, with the unemployment rate low. The Bank of England has cut its rate twice this year but is expected to keep it unchanged at 4.25% when it meets Thursday.

The outlook for interest rates has changed dramatically since late 2024 when Fed officials went on a rate-cutting spree, lowering the key fed funds rate a percentage point over three meetings.

Pruscino said the US jobs report, set to be released by the Bureau of Labor Statistics on June 6, will be a key indicator for both the Fed interest rate cut and Bitcoin’s near-term price action.

The Fed is holding its policy meeting on Tuesday and Wednesday. In a speech March 7, Fed chair Jerome Powell gave some hint that the Fed needs to wait it out before cutting rates. U-M forecasters ...

Why the Fed cut rates After hiking rates for 18 months straight, the Fed began its current rate-cutting path in September, encouraged by positive economic and employment data. According to the ...